Basic
ItemExchangeDescription of fees
LOCAL STOCK MARKET
PhillipMart(Grey Market)
PhillipMart is the first trading platform licensed by the Securities and Futures Commission (SFC) to provide trading of pre-IPO shares prior to their official listing on the SEHK. Its trading hours from 4:15pm to 6:30pm one business day prior to the official listing date of the new shares. For Half trading day, the trading hour of Phillipmart is from 2:15 p.m to 4:30 p.m.
Brokerage Buy-side: Minimum 0.05% of Transaction Amount / HKD 10*
New promotion: Customers who apply our IPO service (whether there is allocated shares or not), the commission rate of the first HK$ 500,000 transaction amount is HK$ 0.**Detail
Sell-side: Day Trade (sell share quantity < buy share quantity in Grey Market) : Minimum 0.05% of Transaction Amount / HKD10*

General Transaction
0.25% of Transaction Amount (Min. HKD 100, whichever higher)

Fee Table for PhillipMart Period

Buy side commission: Sell side commission:
Applicable if the transaction stock the same to the IPO client applied for ** Other PhillipMart Day Trade Other
First HK$ 500,000 Purchase Amount Remain Balance
HK$ 0 0.05% /minimum  HK$ 0 0.05% /minimum  HK$ 10 0.05% / minimum  HK$ 10 Standard commission rate for local HK stock
* Day Trade refers to sell orders that offset your buy order on the same day via Phillipmart; sell share quantity < buy share quantity in Grey Market. Transactions which enjoy special offer are calculated separately with general transaction fee.
Hong Kong Shares
Brokerage

Exchange Traded Funds(ETF)
For online trading and E-statement clients only:
$0 commission charge* on buy trades of up to $15000 (after amalgamation) per day; trades above $15000 will follow the charges as below:
0.08% of Transaction Amount (No Minimum Charge)
Day Trade: 0.05% of Transaction Amount (No Minimum Charge)

List of Exchange Traded Fund(ETF) entitled to the above commission rates

General transaction
0.25% of Transaction Amount (Min. HKD 100, whichever higher)
Stamp Duty HKD 1 per HKD 1,000 Transaction Amount
Transaction Levy 0.0027% of Transaction Amount
Transaction Fee 0.005% of Transaction Amount
CCASS Fee 0.01% of Transaction Amount
(0.002% is collected by HK Clearing)
(Min. HKD 3)(Max. HKD 300)
Stock Custody Fee Waived
(All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.)
*Effective from 19 October 2020
Footnote:Buy and Sell the same new shares (and sell share quantity < buy share quantity) during the trading hours is defined as DAY TRADE.
(Shanghai-Hong Kong Stock Connect/Shenzhen-Hong Kong Connect)##
Brokerage (Online Trading)^ Minimum Commission of CNY 5 per trade
0.05% for Transaction Amount below or equal to CNY 100,000
0.03% for Transaction Amount above CNY 100,000
Click Here for Details
Brokerage (Offline Trading) 0.25% of Transaction Amount (Min CNY 100)
Handling Fee 0.00487% of the consideration of a transaction per side
Management Fee 0.002% of the consideration of a transaction per side
Transfer Fee (ChinaClear) 0.002% of the consideration of a transaction per side
Transfer Fee (CCASS)

0.002% of the consideration of a transaction per side

(Waived 50% of the fee until 12 August 2016)
Stamp Duty 0.1% of the consideration of a transaction on the seller
Portfolio Fee Daily stock portfolio value x 0.008% / 365
(Accrued daily and collected on a monthly basis )
Margin Interest Rate 6.5% p.a.
## Fees are charged in CNY and will be settled in CNY.
^For online trading and E-statement clients only
OVERSEAS STOCK MARKETS
AMERICAS
U.S. Shares
Brokerage
NYSE
NASDAQ

[Effective from 16 November 2020 (trade date)]

ZERO Commission for US Stock
*Applicable to Eligible Online Buy Orders only, please refer to the link
$0 Commission for Trades with Transaction Amount below USD 1500

US Stock Prepaid Promotion
*Applicable to Eligible Online Buy Orders only, please refer to the link
Buy Order will be charged at a maximum of USD 5


General transaction
( Electronic Trading Platforms )
0.068% of Transaction Amount
or Minimum commission USD1 per order
( Phone Dealing )
0.25% of Transaction Amount ( Below USD15,000 )
0.20% of Transaction Amount ( Equal or above USD15,000 )
or Minimum commission USD20 per order

Trade Amalgamation applies to US Orders
OTC Markets

0.25% of Transaction Amount, Number of Transacted shares x USD 0.015 or Minimum commission USD20 per order, whichever is higher.
SEC Fees NYSE
NASDAQ
OTC Bulletin Board, OTC		 Rate subject to change irreggularly per calendar year based on US SEC policy.
Minimum USD0.01 ( No maximum limit )
Applicable per SELL trade only
Clearing Fees
NSCC / DTC USD 0.0030 per Share
Transaction Activity Fee
FINRA USD 0.000119 per Share
Applicable to Sell Order only
non DTC eligible Stock
clearing Fees		 OTC Bulletin Board, OTC Calculation is based on the different types of OTC stocks;
Maximum amount is USD75 per trade.
The chargable fees may exceed the order consideration.
ADRs Fee USD 0.01 - 0.05 (Per share per book close collected by the ADR issuers)
Custody Fee Free
Canada Shares
Brokerage  

(Electronic Trading Platforms)
0.36% of Transaction Amount or Minimum commission CAD 30 per trade, whichever is higher; Plus a flat handling fee of CAD 23 per trade.


(Phone Dealing)

0.38% of Transaction Amount or Minimum commission CAD 37 per trade, whichever is higher; Plus a flat handling fee of CAD 23 per trade.
Custody Fee Free
PAN-EUROPEAN REGION & MIDDLE EAST
ASIA PACIFIC & SOUTH ASIA REGIONS
Singapore Shares
Brokerage 0.35% per transaction less than or equal to 30,000
0.28% per transaction greater than 30,000
( Min. SGD33 or USD23 or HKD150 ), whichever higher
Clearing Fee 0.0325% of Transaction Amount ( Unlimited )
Trading Fee 0.0075% of Transaction Amount
On-Exchange Transactions - Broker-Custodian Settlement Fee* SGD 0.35/ USD 0.26/ EUR 0.32/ HKD 2.00/ AUD 0.36 (depending on denominated currency) per Settlement Instruction
On-Exchange Transactions - Custodian-Custodian Settlement Fee(when involves additional custodian)* SGD 30 per Settlement Instruction
Off-exchange transactions - Settlement Fee (other than Debt Securities)* 0.015% of Settlement Amount, minimum of SGD 75 per Settlement Instruction
Off-exchange transactions - Settlement Fee (Debt Securities)* SGD 5 per Settlement Instruction
Custody Fee Free
Guarantee Fee for Delivery-versus-payment (DVP) Orders* 1.00 by denominated trade currency per Settlement Instruction(Only applied to DVP orders)
Goods and Services Tax (GST)(for Singapore Person) Subject to Inland Revenue Authority of Singapore(IRAS) Announcement
*Effective on 01 Feb 2019
Australia Shares
Brokerage 0.38% of Transaction Amount
(Min. AUD35, whichever higher)
Custody Fee 0.05% p.a.
Australia stock portfolio value x 0.05% / 12 (Minimum Fees AUD 1.0 ; payable end of each month )
*Australia Stock Custody Fee will be effective on 1st May 2020
Japan Shares
Brokerage (Electronic Trading Platforms)*
0.20% of Transaction Amount Min. JPY 990 whichever higher

(Phone Dealing)
0.50% of Transaction Amount ( less than or equal to JPY1,000,000 )
0.40% of Transaction Amount ( Over JPY1,000,000 )
Min. JPY3,000 whichever higher

*Promotional Rate started from 1 Feb 2019
Odd-lot shares Additional transaction handling fee Trading Japan odd-lot shares requires for an additional item of transaction handling fee. For more details, please contact Foreign Stock Department (852) 2277 6678.
Custody Fee Free
Thailand Shares
Brokerage 0.40% of Transaction Amount (Min. THB700, whichever higher)
VAT Fee & Other Transaction Fees 7.0% of Brokerage amount as above
Custody Fee Free
South Korea Shares
Brokerage 0.35% of Transaction Amount (Min. KRW20,000 whichever higher )
Sales Tax

0.25% of Transaction Amount (SELL side only)
Custody Fee Free
China Shanghai B Shares (Trading Currency:USD)
Brokerage 0.30% of Transaction Amount (Min. USD30 )
Stamp Duty 0.1% of Transaction Amount (SELL trade only)
Levy 0.00487% of Transaction Amount
Settlement Fee 0.05% of Transaction Amount
Administration Fee 0.002% of Transaction Amount
Custody Fee Free
China Shenzhen B Shares (Trading Currency:HKD)
Brokerage 0.30% of Transaction Amount (Min. HKD150 whichever higher)
Stamp Duty 0.1% of Transaction Amount (SELL trade only)
Levy 0.00687% of Transaction Amount
Settlement Fee 0.05% of Transaction Amount ( Max. HKD500 )
Custody Fee Free
Malaysia Shares
Brokerage 0.30% of Transaction Amount (Min. MYR75, whichever higher)
Stamp Duty 0.1% of Transaction Amount (Round up to the latest integer) (Max. MYR200)
##Effective from 01 MARCH 2018, some securities are exempted by Malaysia Government from paying stamp duty.
Clearing Fee 0.03% of Transaction Amount (Max. MYR1,000)
Custody Fee Free
Sales and Service Tax 6.0% of Brokerage amount as above (Effective from 1st MARCH 2019)
Indonesia Shares
Brokerage (Online or Mobile Apps) 0.35% of Transaction Amount (Min. IDR 200,000 whichever higher)
Brokerage (Offline) 0.40% of Transaction Amount (Min. IDR 200,000 whichever higher)
Exchange Fees 0.0430% of Transaction Amount
VAT 10% of Brokerage amount as above
Withholding Tax (SELL side only) 0.10% of Transaction Amount (SELL side only)
Custody Fee Free
Philippine Shares
Brokerage 0.60% of Transaction Amount
( Min. PESO2,000 )
VAT Tax 12% of Brokerage amount as above
(Min. PESO20)
Sales Tax 0.6% of Transaction Amount ( SELL trade only )
Bangko Sentral Registration Document (BSRD) fee flat rate1,000 PHP (To be charged per side per stock each trading day)
SCCP Fee 0.01% of Transaction Amount
Custody Fee Free
Taiwan Shares
Brokerage 0.25% of Transaction Amount ( Min. commission TWD600 )
Sales Tax(Only limit to sell orders) 0.3% of Transaction Amount for ordinary shares
0.1% of Transaction Amount for Exchange Traded Fund listing at Taiwan Exchange
Trading Fee(Custodian Bank) TWD250
(To be charged per side per stock code per settlement currency per order channel each trading day)
Custody Fee 0.12% p.a.
Porfolio amount x 0.12% / 12 ( Min. charge HKD55 per month)
U.K. Shares
Brokerage 0.50% per transaction amount less than or equal to 30,000
0.45% per transaction amount greater than 30,000
or Min. commission (GBP48 or USD78 or EUR60) per trade, whichever higher
Stamp Duty 0.5% of Transaction Amount (For BUY trade only)
Other transaction fees (if applicable) PTM Levy, if applicable Flat rate GBP1.00
( applicable for some U.K. stock with transaction amount more than GBP10,000 )
Securities clearing system settlement fees, if applicable.
Custody Fee Free
NYSE EURONEXT Shares(Netherlands, Belgium,France, Portugal)
Brokerage 0.30% of Transaction Amount
or Min. commission EUR20 or GBP17 per trade
Other transaction fees(if applicable) Different based on the policy per country above; Please contact our Foreign Stock Department (852) 2277 6678 for details.
Custody Fee Free
Germany Shares
Brokerage
XETRA
Frankfurt		 0.29% of Transaction Amount
or Min. commission EUR30 per trade
( standard pricing not applicable for clients with special agreement )
Stuttgart, Munich, Berlin,Dusseldorf, Hanmburg, Hannover 0.40% of Transaction Amount
or Min. commission EUR38 per trade
( standard pricing not applicable for clients with special agreement )
Other transaction fees(if applicable) Different based on the policy per exchange in Germany;Please contact our Foreign Stock Department (852) 2277 6678 for details.
Custody Fee 0.05% p.a.
German stock portfolio value x 0.05% / 12 ( Minimum Fees EUR 1.0 ; payable in next calendar month )
Switzerland Shares ( SIX )
Brokerage 0.30% of Transaction Amount
or Min. commission CHF45 per trade
Other transaction fees(if applicable) Please contact our Foreign Stock Department (852) 2277 6678 for details
Custody Fee Free
Turkey Shares ( IMKB )
Brokerage 0.30% of Transaction Amount
or Min. commission Turkish Lira(TRY) 33 per trade 
(Not allow to use SEK for settlement currency. Must use USD/HKD for settlement currency)
VAT Fee 5.0 % of Brokerage amount as above
Custody Fee Free
Finland Shares ( NASDAQ OMX Nordic )
Brokerage 0.30% of Transaction Amount
or Min. commission EUR28 per trade
Other transaction fees(if applicable) Please contact our Foreign Stock Department (852) 2277 6678 for details
Custody Fee Free
Ireland Shares ( ISE )
Brokerage 0.30% of Transaction Amount
or Min. commission EUR28 per trade
Other transaction fees(if applicable) Please contact our Foreign Stock Department (852) 2277 6678 for details
Custody Fee Free
Sweden Shares ( NASDAQ OMX Nordic )
Brokerage

0.30% of Transaction Amount
or Min. commission Swedish Krona(SEK) 180 per trade
(Not allow to use SEK for settlement currency. Must use USD/HKD for settlement currency)
Other transaction fees(if applicable) Please contact our Foreign Stock Department (852) 2277 6678 for details
Custody Fee Custody Fee
0.05% p.a.
Sweden stock portfolio value x 0.05% / 12 (Minimum Fees SEK 1.0 ; payable end of each month )
*The fee is effective on 1st October 2020

Other transaction fees include the fees collected by the overseas stock exchange or overseas securities clearing system or securities transaction sales tax chargable by the overseas Government plus any other fees that may occur without prior notice in advance. Notice may not be available in advance for fees changed by the third party. Please contact our Foreign Stock Department (852) 2277 6678 for more details.

Above charges are for reference only, there are subject to change without prior notice.

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Customer Service Department (General Enquiries)
Tel : (852) 2277 6555
Fax : (852) 2277 6008
Email : cs@phillip.com.hk

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